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Apartment in Nueva Andalucía, 3 bedrooms, 132 m² €590.000

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3
Bedrooms
2
Bathrooms
132 m²
Surface area
€4470
Price per m²
Apartment
Property type
Apartment in Nueva Andalucía, 3 bedrooms, 132 m² - Hoofdafbeelding
Apartment in Nueva Andalucía, 3 bedrooms, 132 m² - Afbeelding 1
Apartment in Nueva Andalucía, 3 bedrooms, 132 m² - Afbeelding 2
Apartment in Nueva Andalucía, 3 bedrooms, 132 m² - Afbeelding 3
+16 photos

Analysis

Price
€590.000
Own investment (30%)
€177.000
Buyer costs
€59.000
Estimated nightly rate
€205,92
Expected occupancy rate
61%
Gross rental p/m
€0000
Mortgage costs
-€1.101,33
Maintenance costs
-€110
Cleaning costs
-€333,33
Platform fees
-€573,10
Municipal taxes
-€137,88
Tax (19%)
-€297,36
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€205,92
High season
€274
Mid season
€197,50
Low season
€142

Price determining factors

  • Proximity to golf courses and Puerto Banús increases desirability.
  • High-quality furnishings and modern design attract premium buyers.
  • Strategic location near amenities and transport links enhances value.

Comparable accommodations

Rate Hotel / apartment Distance
€195,20 Hacienda el Alamo 22.6 km
€378,33 Casa Calma ǀ Private Pool ǀ Close to Beach + Golf 10.3 km
€185 Entire House with Terrace in Marbella 3.3 km
€382,40 Three bed house with pool 50 metres from the beach 3.1 km
€175 Chic 3BR Townhouse on the Beach + Pool + Parking 8.1 km
€133,60 Casa del Barco | Quiet 3BR Villa & Pool 20.5 km
€140,40 TOWNHOUSE Old Town Marbella Large Rooftop Terr! A 7.1 km
€281,20 Ocean Front Villa w/Private Pool 8.1 km
€294,40 Villa with pool near the beach for families 14.7 km
€182,40 House in Marbella's Old Town, 100m from the Beach☆ 7.6 km

Return & Value appreciation

Annual return

6.45%

5 Year Return

32.25%

10 Year Return

64.50%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Modern, new construction with high-quality finishes enhances value.
  • Local market trends in 2027: Growing demand for luxury properties in Costa del Sol boosts appreciation.
  • Property type: Penthouse apartments are highly desirable for their views and outdoor space.
  • Economic outlook in 2027: Stable economic growth in Spain and increased foreign investment support property appreciation.
  • Demographic developments: Increasing influx of affluent buyers and retirees in the region.
  • Infrastructure plans in 2027: Planned improvements in transportation and amenities will elevate property values.
  • Historical WOZ value trends: Consistent increase in property taxes indicates rising property values.

Possible improvements

  • Adding a private pool or hot tub.
  • Upgrading smart home features and automation.
  • Enhancing outdoor living spaces with landscaping or additional terraces.
  • Installing energy-efficient appliances and solar panels.

Description

Discover this stunning brand-new three-bedroom penthouse in the highly sought-after area of Nueva Andalucía, Spain. This beautifully furnished property features spacious terraces that offer breathtaking views and ample outdoor living space. Located in one of the fastest-growing neighborhoods in Nueva Andalucía, the development provides residents with easy access to a wide array of amenities, just a short walk away. The bright, open-plan living and dining area seamlessly connect to a modern, fully equipped kitchen with high-quality appliances, making it perfect for both relaxing and entertaining. Designed with energy efficiency in mind, this Nueva Andalucía penthouse boasts top-tier construction and finishes. Included with the property are a designated garage space and a storage room for added convenience. Its strategic location places golf enthusiasts near renowned courses such as Aloha, Los Naranjos, and Las Brisas, all within minutes’ drive. Puerto Banús is just a five-minute car ride, offering world-class shopping, dining, and nightlife. Ideal as a luxury residence or an investment property, this Nueva Andalucía penthouse has excellent rental potential in the thriving Costa del Sol real estate market. Experience the perfect blend of comfort, style, and location in this exceptional property in Nueva Andalucía, Spain.

Location

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